The Cabinet Committee on Economic Affairs (CCEA) has approved a financial restructuring scheme aimed at state distribution companies (discoms). The package is a positive move and give comfort on PSU banks’ exposure to discoms, more so for Allahabad, Union, OBC, Central Bank of India and also PFC and REC (though not in terms of working capital loans but overall exposure to SEBs) given: (i) loans will be backed by government guarantees and 50% will be converted into state government bonds in 2-5 years; (ii) cash flow mismatches will be ironed out given moratoriums; (iii) interest servicing too will be guaranteed by state governments, thereby eliminating slippage concerns; and (iv) mandatory conditions w.r.t. tariff hikes, lowering AT&C losses, finalizing annual audited accounts etc. will inculcate the much needed discipline. However, there are a few grey areas, particularly with respect to implementation: (1) this being a state subject, the scheme’s acceptance will be clear only post finer details are out and more so for states which have already restructured their loans; (2) rates at which bonds will be issued and resultant NPV hit for banks if any; and (3) this may qualify as a second restructuring for some states calling for RBI dispensation to prevent it from being considered as NPL.
25 September 2012
Commodities Buzz (metal & energy) [September 24, 2012] Sharekhan
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Daring Derivatives [For September 25, 2012] Sharekhan
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Category-Wise Turnover 25-Sep-12
Trade Date | Category | Buy Value in Rs.Crores | Sell Value in Rs.Crores | |
25-Sep-12 | Mutual Funds | 345.32 | 303.31 | 42.01 |
25-Sep-12 | Proprietory Trades | 90675.23 | 91538.72 | -863.49 |
25-Sep-12 | Others | 66302.01 | 64951.57 | 1350.44 |
Notes : | ||||
1. Buy / Sell value at the end of day: | ||||
Options Value (Buy/Sell) = Strike price * Qty | ||||
Futures Value (Buy/Sell) = Traded Price * Qty | ||||
2. Others exclude FIIs, Mutual Funds, Proprietory Trades |
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trading activity
BSE, Bulk deals, 25-Sep-2012
Deal Date | Scrip Code | Company | Client Name | Deal Type * | Quantity | Price ** | ||||
25/9/2012 | 524412 | Aarey Drugs | DEEPIKA JASMIN SHAH | B | 161668 | 48.99 | ||||
25/9/2012 | 524412 | Aarey Drugs | DEEPIKA JASMIN SHAH | S | 186200 | 48.36 | ||||
25/9/2012 | 524412 | Aarey Drugs | AJITKUMAR JOGENDARPRASAD SINGH | S | 90301 | 49.87 | ||||
25/9/2012 | 531568 | Ashutosh Paper | NIKHIL BANSAL | S | 60000 | 42.50 | ||||
25/9/2012 | 506285 | Bayer Crop | BILAG INDUSTRIES PRIVATE LIMITED | B | 5982948 | 1002.85 | ||||
25/9/2012 | 506285 | Bayer Crop | BAYER CROPSCIENCE AKTIENGESELLSCHAFT | S | 4082948 | 1002.85 | ||||
25/9/2012 | 506285 | Bayer Crop | BAYER AG | S | 1900000 | 1002.85 | ||||
25/9/2012 | 531582 | Beryl Sec | DEEPAK VIJAY | B | 35000 | 11.15 | ||||
25/9/2012 | 531582 | Beryl Sec | EXPERT FINANCIAL SERVICES | S | 36400 | 11.11 | ||||
25/9/2012 | 531590 | Bilpower | DST VALUE REALTY PRIVATE LIMITED | B | 72482 | 45.25 | ||||
25/9/2012 | 531590 | Bilpower | VIJAY GIRJASHANKAR TRIVEDI | S | 100000 | 45.29 | ||||
25/9/2012 | 531590 | Bilpower | VIJAYMOHAN RAGAVAN NAIR | S | 75000 | 45.40 | ||||
25/9/2012 | 534691 | Comfort Commotrade | GAURAV GARG | S | 60000 | 10.90 | ||||
25/9/2012 | 524506 | Coral Lab | NAVIN BACHUBHAI DOSHI | B | 34570 | 67.08 | ||||
25/9/2012 | 531171 | Devika Prot | MUKESH BHOGIBHAI DARJI | B | 100000 | 5.20 | ||||
25/9/2012 | 531171 | Devika Prot | SHAH AALOK PRADIPKUMAR | S | 79900 | 5.20 | ||||
25/9/2012 | 531820 | Finalysis Cred | SUSHILADEVI DIDWANIA | S | 30000 | 45.80 | ||||
25/9/2012 | 531820 | Finalysis Cred | NANDKISHORE DIDWANIA | S | 41268 | 45.80 | ||||
25/9/2012 | 532764 | GEECEE* | VISARIA SECURITIES PRIVATE LIMITED | B | 390000 | 53.00 | ||||
25/9/2012 | 532764 | GEECEE* | SURESHCHAND SUGANCHAND JAIN | B | 500000 | 53.00 | ||||
25/9/2012 | 532764 | GEECEE* | ESDOTCOMSUP&SOFTWARE S PVT | S | 190168 | 53.00 | ||||
25/9/2012 | 590075 | Lambodhara Tex-$ | GIULIA BOSCO | B | 200000 | 100.00 | ||||
25/9/2012 | 590075 | Lambodhara Tex-$ | ABUZU HOLDINGS PVT LTD | S | 200000 | 100.00 | ||||
25/9/2012 | 532097 | Mukand Engr | SHREENATH FINSTOCK PRIVATE LIMITED | B | 73715 | 29.89 | ||||
25/9/2012 | 532097 | Mukand Engr | SHREENATH FINSTOCK PRIVATE LIMITED | S | 78715 | 29.92 | ||||
25/9/2012 | 590074 | Ortin Lab-$ | RAJESH GAURISHANKAR PODDAR | B | 23827 | 25.55 | ||||
25/9/2012 | 590074 | Ortin Lab-$ | BABITA DEVI SHARMA | B | 25000 | 25.25 | ||||
25/9/2012 | 590074 | Ortin Lab-$ | RAJKUMARI HANUMANPRASAD SABOO | B | 28000 | 25.47 | ||||
25/9/2012 | 590074 | Ortin Lab-$ | RAJKUMARI HANUMANPRASAD SABOO | S | 30885 | 25.32 | ||||
25/9/2012 | 590074 | Ortin Lab-$ | RAJKUMARI HANUMANPRASAD SABOO | S | 24290 | 25.41 | ||||
25/9/2012 | 511734 | Pasupati Fin | CPR CAPITAL SERVICES LIMITED | B | 40000 | 18.38 | ||||
25/9/2012 | 511734 | Pasupati Fin | CHARISHMA ENGINEERING LIMITED | S | 41679 | 18.40 | ||||
25/9/2012 | 513403 | PM Telelinnks | PRANALI SURANA | S | 100000 | 33.30 | ||||
25/9/2012 | 523523 | Rainbow Papers-$ | DEVKANT SYNTHETICS INDIA PRIVATE LIMITED | B | 1250190 | 77.50 | ||||
25/9/2012 | 523523 | Rainbow Papers-$ | DEVKANT SYNTHETICS INDIA PRIVATE LIMITED | S | 1249878 | 77.50 | ||||
25/9/2012 | 531944 | Servotech Engr | RADHEY S LAHOTI | B | 95000 | 4.07 | ||||
25/9/2012 | 531944 | Servotech Engr | MAYUR NARAYANDAS DARJI | S | 95000 | 4.07 | ||||
25/9/2012 | 511754 | Shalibhadra Fin | DAVE RAKIN SHIVPRASAD | B | 30675 | 61.55 | ||||
25/9/2012 | 511754 | Shalibhadra Fin | SANJAY BABULAL PANDYA | S | 30202 | 61.56 | ||||
25/9/2012 | 526049 | Shri Lakshmi | Quadeye Securities Pvt Ltd | B | 162573 | 89.25 | ||||
25/9/2012 | 526049 | Shri Lakshmi | SATYA PRAKASH CHAUDHARY (HUF) | B | 165263 | 89.11 | ||||
25/9/2012 | 526049 | Shri Lakshmi | SATYA PRAKASH CHAUDHARY (HUF) | S | 165263 | 89.22 | ||||
25/9/2012 | 526049 | Shri Lakshmi | Quadeye Securities Pvt Ltd | S | 162573 | 89.12 | ||||
25/9/2012 | 533228 | SKS Microfinance | THE ROYAL BANK OF SCOTLAND N.V. | B | 5000000 | 117.15 | ||||
25/9/2012 | 533228 | SKS Microfinance | DEUTSCHE SECURITIES MAURITIUS LIMITED | S | 5000000 | 117.15 | ||||
25/9/2012 | 519586 | SMILAX | ARCHANA NAVANDER | B | 70001 | 14.88 | ||||
25/9/2012 | 530867 | Suryanagri Fin | SANJAY CHIMANLAL AGRAWAL | S | 25000 | 47.65 | ||||
25/9/2012 | 526139 | Transgene Bio | BLACKHORSEMEDIA ANDENTERTAINMENT PRIVATELIMITED | S | 378806 | 11.83 | ||||
25/9/2012 | 507458 | United Brew Hldg | CROSSEAS CAPITAL SERVICES PRIVATE LIMITED | B | 545569 | 119.45 | ||||
25/9/2012 | 507458 | United Brew Hldg | CROSSEAS CAPITAL SERVICES PRIVATE LIMITED | S | 531491 | 120.23 | ||||
25/9/2012 | 531390 | Upsurge Invest | PANKAJ SHANTILAL PARIKH | S | 103899 | 51.56 | ||||
25/9/2012 | 531950 | Vertex Sec | CLARUS FINANCE AND SECURITIES LIMITED | S | 483568 | 5.44 | ||||
* B - Buy, S - Sell | ||||||||||
** = Weighted Average Trade Price / Trade Price |
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NSE, Bulk deals, 25-Sep-2012
Date | Symbol | Client Name | Buy / Sell | Quantity Traded | Wght. Avg. Price | Remarks | |
CAIRN | Cairn India Limited | CAIRN UK HOLDINGS LIMITED | SELL | 1526,29,500 | 323.12 | - | |
CAIRN | Cairn India Limited | CITIGROUP GLOBAL MARKETS MAURITIUS PRIVATE LIMITED | BUY | 390,28,000 | 323.10 | - | |
CAIRN | Cairn India Limited | HSBC GLOBAL INV FUNDS A/C HSBC GLOBAL INV FUND MAURITIUS LTD | BUY | 134,34,181 | 323.10 | - | |
CAIRN | Cairn India Limited | INDUS CAPITAL ADVISORS UK LLP INDUS INDIA FUND MAURITIUS LTD | BUY | 108,44,646 | 323.10 | - | |
CAIRN | Cairn India Limited | SEGANTII INDIA MAURITIUS | BUY | 123,00,000 | 323.10 | - | |
CAIRN | Cairn India Limited | SEGANTII INDIA MAURITIUS LTD | BUY | 123,00,000 | 323.10 | - | |
EDSERV | Edserv Softsystems Limite | KBC ALDINI CAPITAL MAURITIUS LIMITED (DR) | SELL | 1,50,000 | 16.25 | - | |
EKC | Everest Kanto Cylinder Li | MERILL LYNCH CAPITAL MARKETS ESPANA S.A. SV | BUY | 6,50,000 | 34.02 | - | |
HDIL | Housing Development and I | GENUINE STOCK BROKERS PVT LTD | BUY | 31,19,492 | 91.83 | - | |
HDIL | Housing Development and I | GENUINE STOCK BROKERS PVT LTD | SELL | 31,19,492 | 91.85 | - | |
HOTELRUGBY | Hotel Rugby Ltd | SANJAYKUMAR JAIPRAKASH AGARWAL | BUY | 99,181 | 33.80 | - | |
HOTELRUGBY | Hotel Rugby Ltd | SAVITRIDEVI JAIPRAKASH AGARWAL | BUY | 88,000 | 33.80 | - | |
IVRCLINFRA | IVRCL Limited | UNION INVESTMENT LUXEMBOURG S.A A/C UNIASIA | BUY | 23,84,000 | 48.23 | - | |
KFA | Kingfisher Airlines Ltd. | TRANSGLOBAL SECURITIES LTD. | BUY | 59,25,024 | 13.76 | - | |
KFA | Kingfisher Airlines Ltd. | TRANSGLOBAL SECURITIES LTD. | SELL | 59,25,024 | 13.78 | - | |
LITL | Lanco Infratech Limited | SUNTECK WEALTHMAX CAPITAL PRIVATE LIMITED | BUY | 164,05,158 | 15.49 | - | |
LITL | Lanco Infratech Limited | SUNTECK WEALTHMAX CAPITAL PRIVATE LIMITED | SELL | 164,58,439 | 15.52 | - | |
UBHOLDINGS | United Breweries (Holding | CROSSEAS CAPITAL SERVICES PVT. LTD. | BUY | 5,26,628 | 120.20 | - | |
UBHOLDINGS | United Breweries (Holding | CROSSEAS CAPITAL SERVICES PVT. LTD. | SELL | 5,45,596 | 119.66 | - |
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